Quote:
Originally Posted by BrianL99
Incorrect.
"You" do not buy the whole car, the Leasing company does.
Sort of misleading.
".... but still paid by the Lessee". The Lessee pays the interest (as part of his payment) for the entire car, but does not amortize the entire car.
You must have found those quotes on "Leasing for Dummies" or one of those sites that doesn't want to confuse people with too many details.
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Funny.....thinking they are paying the interest out of the goodness of their heart and not charging it one why or the other. Somebody fell for the slick marketing.
I enjoyed the laugh.